Risk factors

Carmax (KMX) risk factors

Item 1A of every Carmax Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2026 10-K risk factors
    29 risks3 new7 reworded

    CarMax faces heightened risks from activist shareholders, intense online competition, and internal restructuring impacts on workforce morale.

    Filed Apr 15, 2026
  • FY2025 10-K risk factors
    26 risks

    CarMax faces heavy reliance on its omni-channel platform and AI initiatives for growth and operational efficiency.

    Filed Apr 11, 2025